What, bond fund exit fees!!!!!!! Anybody think that would cause a run for the exits? It would seem to us that a change in the documentation regarding redemptions on mutual funds would not be legal unless you allowed those who invested prior to that change, a chance to exit the fund. Think about the rush […]
The business press attributed the nervousness seen in market prices this past week to the various global conflicts grabbing the headlines. The media always has to have an actual reason for market retreats when in actuality, the markets took a breather and gave back all of the previous week’s gains. Markets go up and they […]
The headline front cover of Barron’s this week is: “The New Face of Wall Street.” This is a bit scary in that when Wall Street makes radical changes they appear at times when a trend is ending. Mortgage bundling was a New Face, that didn’t turn out well for the public and the country. Just […]
